As seen in the two figures below, sectors of the economy tied to housing began contracting in April 2006 while elsewhere employment growth and
nominal income continued to grow.
Not exact matches
«If net
income continued growing at this more modest pace, in lockstep with
nominal GDP, corporations would not be able to
continue growing dividends at current rates while keeping payout ratios constant.»
It is mind - boggling that there is fierce resistance to the richest New Yorkers being asked to
continue paying the tax, which is
nominal in relation to their total
income, to keep educational and other vital services afloat.
Nominal dividend
income continued to grow, just not as fast as inflation.